Career overview

Credit Analysts

O*NET-SOC 13-2041.00

Median pay / yr$80,970

OutlookBelow Average

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.

What it takes

The skills, knowledge, and credentials employers look for in Credit Analysts.

Skills employers look for

Critical ThinkingUsing logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Active LearningUnderstanding the implications of new information for both current and future problem-solving and decision-making.
Reading ComprehensionUnderstanding written sentences and paragraphs in work-related documents.
SpeakingTalking to others to convey information effectively.
Active ListeningGiving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Knowledge areas

Economics and AccountingKnowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
English LanguageKnowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.
MathematicsKnowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Law and GovernmentKnowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
AdministrativeKnowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.